Lorex

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Lorex
Subsidiary of Dahua Technology Co., Ltd.
Founded
Headquarters250 Royal Crest Court,
Markham, Ontario, Canada,
L3R 3S1
Key people
ProductsSecurity Cameras & Security Camera Systems
Websitehttps://www.lorextechnology.com

Lorex Technology Inc., a is a Canadian owned and operated video surveillance company that distributes video security systems[1] through retail and online channels.[2][3] Headquartered in Markham, Ontario, Canada, Lorex manufactures security cameras and accessories for consumer and small business markets primarily in North America.

Acquisitions[edit]

The company is headquartered in Markham, Ontario, Canada. In December 2012 it was acquired by FLIR Systems, Inc for $59 million CAD.[4] In February 2018, it was sold by FLIR Systems to Dahua Technology.[5]

History[edit]

Lorex Technology, Inc. was founded in 1991 and purchased by Strategic Vista International in 1996. A subsidiary of Lorex, Digimerge, was launched in 2003 to gain access to the commercial professional security marketplace.[3] On December 20, 2012, FLIR Systems, Inc., an American provider of thermal imaging cameras and systems, successfully completed the acquisition of Lorex Technology Inc., which was rebranded as "Lorex by FLIR".[6] On February 5, 2018 Lorex was acquired by Dahua Technology, Inc. and currently operates as a subsidiary of Dahua Technology, Inc.[5]

Products[edit]

Lorex sells surveillance camera systems and equipment for residential home and business properties.[1][6]

Media Coverage[edit]

Santa Clara Jail[edit]

The company received notable media coverage when their security cameras captured an inmate brawl at a jail in California. After county officials told Santa Clara County Sheriff Laurie Smith that installing additional security cameras would take over two years and $20 million, she went out-of-pocket and purchased a Lorex security camera system, and was able to have it installed the night prior to the disturbance at the jail.[7][8][9][10]

Patents[edit]

Security Alarm System[edit]

  • Publication Number: CA2274572 C[11]
  • Publication Type: Grant
  • Publication Date: Oct 3, 2006
  • Filing Date: Jun 7, 1999
  • Inventors: Joel Kligman, Bernie Klein, Oded Zur
  • Applicant: Strategic Vista International Inc., Joel Kligman, Bernie Klein, Oded Zur, Lorex Technology Inc.

Method and apparatus for two-way communications amongst a plurality of communications devices[edit]

  • Publication Number: CA2349656 C[12]
  • Publication Type: Grant
  • Publication Date: Sep 6, 2005
  • Filing Date: Jun 4, 2001

References[edit]

  1. ^ a b FLIR Acquires Retail Camera Provider; Announces 3rd-Quarter Results, www.securitysales.com, retrieved 2012-10-24
  2. ^ FLIR acquires Lorex for $59M, posts Q3 sales drop, www.bizjournals.com, retrieved 2012-10-25
  3. ^ a b LOREX Technology Inc. Agrees to Be Acquired by FLIR Systems, Inc. for Cdn $1.30 Per Share in Cash, www.marketwired.com, retrieved 2012-10-25
  4. ^ FLIR buys Lorex; trims full-year outlook, optics.org, retrieved 2012-10-25
  5. ^ a b Rodney Bosch (February 6, 2018). "FLIR Sells Lorex Business to Dahua for $29M; Exits DIY, SMB Markets". Retrieved December 28, 2018.
  6. ^ a b FLIR Systems Acquires Lorex Technology And Digimerge Technologies, sourcesecurity.com, retrieved 2013-02-05
  7. ^ Fed up with wait, Santa Clara sheriff buys jail cameras herself, www.mercurynews.com, retrieved 2016-02-03
  8. ^ New cameras capture huge inmate brawl at California jail, www.cbsnews.com, retrieved 2016-03-04
  9. ^ Santa Clara County Sheriff Uses Her Own Money To Buy Jail Cameras, cbslocal.com, retrieved 2016-03-02
  10. ^ Fed up, sheriff puts 12 jail cameras on her American Express, www.santacruzsentinel.com, retrieved 2016-03-02
  11. ^ Security Alarm System Patents, www.google.com/patents/, retrieved 2006-10-03
  12. ^ Method and apparatus for two-way communications amongst a plurality of communications devices Patents, www.google.com/patents/, retrieved 2005-09-06

External links[edit]